MIPS Technologies Continues To Gain Traction in Portable Market with Multimedia Phone...

MIPS Technologies Continues To Gain Traction in Portable Market with
Multimedia Phone Design Win

Licenses MIPS32(R) Synthesizable Processor to Mavrix Technology

MOUNTAIN VIEW, Calif., March 30 /PRNewswire-FirstCall/ -- MIPS Technologies,
Inc. (Nasdaq: MIPS), a leading provider of industry-standard architectures,
processors and analog IP for digital consumer, home networking, wireless,
communications and business applications, today announced that Mavrix
Technology, Inc., a fabless semiconductor company developing complete SoC
solutions for the emerging Mobile Digital TV (MDTV) and portable multimedia
market, licensed its MIPS32(R) 4KEc(R) synthesizable processor core for
next-generation media processor designs.

"To succeed in the highly competitive multimedia cell phone market, our
customers are looking for efficient, low-power SoCs to power their consumer
devices," said Dr. Zhenyu Zhou, CEO, Mavrix. "Our unique technology offers
compelling all-format movie play and mobile TV functions for the fast growing
cell phone market, with local technical support in China. By incorporating
MIPS Technologies' 4KEc core, we get a great combination of scalability and
flexibility to optimize for high performance and low power. We also enable our
customers to have a more open platform to develop their differentiation."

"We are pleased that Mavrix, a company with innovative technology for the
multimedia phone market, has selected MIPS Technologies to power its
next-generation design," said Brad Holtzinger, vice president of worldwide
sales and corporate marketing, MIPS Technologies. "SoC developers who are
focused on portable applications are increasingly leveraging MIPS
Technologies' broad and unique portfolio of IP and tools for the embedded
market."

According to market research firm IDC, worldwide mobile phone semiconductor
revenue is expected to grow to $43 billion in 2012. According to the firm,
connectivity and other multimedia related semiconductor content will continue
to be primary drivers of revenue growth as mobile phone functionality
continues to expand. IDC forecasts 62% CAGR worldwide from 2008 to 2012 for
revenue from mobile phones with mobile TV functionality.(1)

About Mavrix Technology, Inc.
Mavrix Technology provides integrated mobile digital TV (MDTV) receiver and
multimedia processor SoC solutions for the handheld market. Tailored
specifically to meet Chinese OEM and ODM requirements, Mavrix's
manufacture-ready total solutions help its customers to quickly and
cost-effectively add MDTV and movie play functions into handheld devices.
Since its establishment in February 2005, Mavrix has raised $16 million in
venture capital funding. The company currently has 80 employees with offices
in Shanghai, China and Newport Beach, California. Visit www.mavrixtech.com.

About MIPS Technologies, Inc.
MIPS Technologies, Inc. (Nasdaq: MIPS) is the world's second largest
semiconductor design IP company and the number one analog IP company
worldwide. With more than 250 customers around the globe, MIPS Technologies is
the only company that provides a combined portfolio of processors, analog IP
and software tools for the embedded market. The company powers some of the
world's most popular products for the digital entertainment, home networking,
wireless, and portable media markets--including broadband devices from
Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices
from Pioneer, digital set-top boxes from Motorola, network routers from Cisco,
32-bit microcontrollers from Microchip Technology and laser printers from
Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in
Mountain View, California, with offices worldwide. For more information,
contact (650) 567-5000 or visit www.mips.com.

MIPS, MIPS32, 4KEc and MIPS-Based are trademarks or registered trademarks in
the United States and other countries of MIPS Technologies, Inc. All other
trademarks referred to herein are the property of their respective owners.

(1) IDC, Economic Crisis Response: Worldwide Mobile Phone Semiconductor
2008-2012 Forecast, Doc # 215859, December 2008

SOURCE MIPS Technologies, Inc.

Media, Jen Bernier-Santarini of MIPS Technologies, Inc., +1-650-567-5178,
jenb@mips.com